$295,000

203 W 5th Ave Ranson, WV 25438

Estimated payment $1,794/month

Total Views 1,633
Studio
-- Bath
1,412 Sq Ft
$209 Price per Sq Ft

Highlights

  • Very Popular Property
  • Central Air
  • Heat Pump System
  • Rambler Architecture

About This Home

Excellent investment opportunity in the heart of Ranson! This well-maintained duplex features two separately metered units with strong rental potential and an estimated gross monthly income of $2,540. The front apartment offers 2 bedrooms and 1.5 baths, while the rear apartment features 1 bedroom and 1 bath. The rear unit is currently vacant, making it ideal for an owner-occupant looking to offset their mortgage or for an investor seeking immediate leasing potential. The property has a strong rental history and is easy to maintain occupancy. Conveniently located near shopping, dining, commuter routes, Hollywood Casino, and downtown Charles Town. Whether you are looking to expand your investment portfolio or begin investing in multifamily real estate, this property offers strong income potential and an attractive cap rate.

Listing Agent

Trish Sanderson

(304) 725-3871 trish@crestarrealty.com Crestar Realty LLC Brokerage Phone: 3047253871 Listed on: 05/08/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,625

Year Built

  • Built in 1944

Lot Details

  • 5,000 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • 1,412 Sq Ft Home
  • Duplex
  • Rambler Architecture
  • Bungalow
  • Back-to-Back Home
  • Frame Construction

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • 2 Units
  • Ranson Corporation Subdivision

Listing and Financial Details

  • Assessor Parcel Number 08 6010100000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,625

Year Built

Built in 1944

Lot Details

5,000 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Ranch/Rambler, Back-To-Back, Bungalow
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1944
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Crawl Space
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1412
  • Living Area Sq Ft: 1412
  • Price Per Sq Ft: 208.92
  • Above Grade Finished Sq Ft: 1412
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Zoning: 102
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Yearly
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • School Tax: 1680.00
  • Tax Annual Amount: 2625.00
  • Assessor Parcel Number: 08 6010100000000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: JEFFERSON COUNTY SCHOOLS

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,626 $93,800 $35,900 $57,900
2024 $2,384 $83,900 $30,400 $53,500
2023 $2,300 $81,100 $27,600 $53,500
2022 $2,160 $74,900 $27,600 $47,300
2021 $2,033 $69,400 $27,600 $41,800
2020 $1,746 $62,900 $27,600 $35,300
2019 $1,690 $60,100 $24,800 $35,300
2018 $1,462 $51,300 $16,600 $34,700
2017 $1,462 $51,300 $16,600 $34,700
2016 $1,215 $42,900 $13,800 $29,100
2015 $1,171 $41,000 $13,800 $27,200
2014 $1,146 $40,200 $12,500 $27,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2026 05/08/26 For Sale $295,000 0.0% $209 / Sq Ft
03/25/2021 03/25/21 Rented $900 0.0% --
03/19/2021 03/19/21 Under Contract -- -- --
03/08/2021 03/08/21 For Rent $900 -- --
Source: Bright MLS

About the Listing Agent

Trish Sanderson

Crestar Realty LLC

(304) 826-2132

Section Image

I'm an expert real estate agent with Crestar Realty LLC in HARPERS FERRY, WV and the nearby area, providing home-buyers and sellers with professional, responsive and attentive real estate services. Want an agent who'll really listen to what you want in a home? Need an agent who knows how to effectively market your home so it sells? Give me a call! I'm eager to help and would love to talk to you.

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  • 140 Careless Whisper Way, Gerrardstown, WV 25420

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Source: Bright MLS

MLS Number: WVJF2023878

Bright MLS

APN: 08-6-01010000

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